January 23, 2007

NO WONDER THEY CALL IT 38-0:

Aircastle set to buy 38 aircraft (Doug Cameron, January 23 2007, Financial Times)

Aircastle, the only listed aircraft leasing group, yesterday announced plans to buy 38 aircraft from a Chicago-based investment group for $1.6bn, in a move which highlights the improving prospects of the cargomarket.

The portfolio includes 12 Boeing 747-400 freighters, the largest commercial cargo aircraft, with UPS expected to confirm this week that it has cancelled the sole remaining order for the Airbus A380F.


Posted by Orrin Judd at January 23, 2007 3:37 PM
Comments

Whitewater. Watch it unfold.

Posted by: Lou Gots at January 23, 2007 6:40 PM
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